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Chapter 233: 229. Dasheng Pharmaceutical Makes a Tender Offer! (Seeking subscriptions, seeking monthly tickets!)

~8 min read 1,456 words

After eating lunch, Zhang Ran saw the news online about Wan Haifang filing for divorce, as well as the reports regarding Tian Yaohui's extramarital affair.

In an instant, public opinion was in an uproar, especially when it became known that Tian Yaohui's illegitimate child was already twenty-four years old, which immediately piqued the curiosity of many onlookers.

At the same time, this caused the already unstable stock of Yaotian Pharmaceutical to plummet once again, creating a sense of panic among the people for a time.

However, just at this moment, Dasheng Pharmaceutical suddenly announced a tender offer to acquire Yaotian Pharmaceutical, which caught some people off guard once again.

Dasheng Pharmaceutical?

Perhaps because of the "Yong Ge" incident, some people had gained a little understanding of Dasheng Pharmaceutical, but they only knew the name Dasheng Pharmaceutical.

After some industry insiders published the previous situation of Dasheng Pharmaceutical, more and more people expressed that they could not understand it.

Previously, Dasheng Pharmaceutical was just a company with a market value of around one billion, which was simply not worth mentioning compared to Yaotian Pharmaceutical.

Now, it was actually taking the initiative to make a tender offer, and it had managed to acquire twenty-one percent of the shares in just a short period of time.

The two elderly people each held four percent of the shares; they sold three percent to Zhang Ran and kept one percent for themselves, so Zhang Ran already held twenty-one percent of Yaotian Pharmaceutical's shares.

The rules for a tender offer require a public announcement within three days after the fact occurs, which means that Dasheng Pharmaceutical had started the acquisition at most three days ago, acquiring twenty-one percent of the shares within three days!

To many people, such a thing was like a snake swallowing an elephant; the gap in scale between the two sides was far greater than the literal meaning suggested.

But now, Dasheng Pharmaceutical had truly and concretely achieved this step, which made more and more people unable to understand the enterprise that was Dasheng Pharmaceutical.

Furthermore, where did Dasheng Pharmaceutical's capital come from?

Where did they get so much money to acquire so many shares?

For a time, the business world and the stock market were discussing it in full swing, and people began to speculate one after another about which major capital had entered the fray.

However, because of the tender offer, the stock price of Yaotian Pharmaceutical actually stabilized a bit again, and even began to rise slightly.

In a short period of time, the stock price of Yaotian Pharmaceutical was like a roller coaster, rising one moment and falling the next.

Generally speaking, being subject to a tender offer indicates that the company is favored by some capital, and the impact on the stock is relatively positive, especially in the short term.

Therefore, some retail investors began to hesitate again, and some even started buying shares of Yaotian Pharmaceutical.

But what these people did not know was that none of the shareholders within Yaotian Pharmaceutical felt happy about this, and Tian Yaohui's expression was especially ugly.

Because they all knew that this news was not good news for Yaotian Pharmaceutical.

They did not need to wait long; very soon, Dasheng Pharmaceutical made the acquisition price public.

Once this price came out, the surface of the water, which had seemed calm, could no longer remain calm; Dasheng Pharmaceutical had acquired twenty-one percent of the shares for a price of only 6.3 billion.

This meant that the entire Yaotian Pharmaceutical, under Dasheng Pharmaceutical's valuation, was only worth 30 billion, not the nearly 100 billion it was currently at!

Such a price gap left many people feeling bewildered, as if they were not yet awake from their sleep.

Being subject to a tender offer is indeed generally beneficial to a stock, but it also depends on the acquisition price.

If the difference is not large, the stock will stabilize, and in most cases, a sharp rise will even occur.

But now, the price at which Dasheng Pharmaceutical was acquiring was simply too low—so low that it made people feel a chill in their hearts.

The most critical point was not even this; the most critical point was that even at such a low price, there were people selling, and it was certainly the major shareholders who were selling.

If they still could not understand such an obvious signal, then they were truly fools!

Therefore, less than half an hour after Dasheng Pharmaceutical announced the acquisition price, Yaotian Pharmaceutical hit the daily limit down again!

This was already the third limit down for Yaotian Pharmaceutical in this period of time!

During this time, the mood of the retail investors was also like a roller coaster, high one moment and low the next, though they were mostly just bewildered.

Huang Lin and the others also learned of this news at the first opportunity; seeing the situation at Yaotian Pharmaceutical, they all let out bitter laughs one by one, and their expressions were grave.

They had not expected that Zhang Ran's actions would be so fast, and so ruthless!

In a short period of time, Yaotian Pharmaceutical was actually presenting a scene of being in a precarious state.

One must know that this was a real industry, and it was a pharmaceutical company that had been very stable before; from the time Zhang Ran started to make his move, even counting the time spent developing "Yong Ge," it had not taken long in total.

At this moment, Huang Lin and the others felt a chill in their hearts once again!

Things that they had previously chosen to forget began to gradually surface in their minds; at this moment, they seemed to see that version of Zhang Ran from that period again!

At that time, Zhang Ran's opponents were also like Tian Yaohui, seemingly having everything prepared, but then they would discover that they could not withstand Zhang Ran's offensive at all.

Now they did not yet know what had happened at the extraordinary general meeting of shareholders, otherwise, they would be even more panicked.

However, these people also learned some things from this and began to prepare themselves; they could not let what happened to Tian Yaohui happen to them.

At the very least, they could not let the same scene play out again!

But even so, they still had no confidence in their hearts, because until now, Tian Yaohui did not seem to have forced out any of Zhang Ran's trump cards.

Zhang Ran seemed to have only sought out Wan Haifang? And then it resulted in this outcome.

Thinking of this, some people's eyes flickered; they prepared to settle their own backyards in the coming period of time, otherwise, they were also afraid that their own backyards would catch fire.

Once a woman turns ruthless, it is truly terrifying!

In the eyes of Huang Lin and the others, if not for Wan Haifang, Tian Yaohui really might not have fallen into his current predicament this time!

"Why are you looking at me like that?" Huang Lin looked at Cheng Mei, feeling puzzled, and discovered that she had been staring at him the whole time.

Cheng Mei's face was full of smiles, and her tone was very gentle, "Lao Huang, tell me, do you have any illegitimate children?"

Seeing his wife in this state, Huang Lin immediately shivered and hurriedly said, "You know my situation, don't you? What are you thinking? I have only loved you in this life, really, I swear!"

"Pfft, you men are all full of lies," Cheng Mei said with disdain. "But if I find out, don't blame me for being even more heartless than Wan Haifang!"

Huang Lin hurriedly said, "Don't worry, I really wouldn't do that; having you in this life is enough."

"Hmph, you're sensible enough," Cheng Mei huffed.

Huang Lin wanted to change the subject, "Wife, how do you think Zhang Ran convinced Wan Haifang? Could it be that Wan Haifang only just found out about the situation? That shouldn't be the case, right?"

"In my impression, Wan Haifang isn't that stupid; if she had known long ago, then how did Zhang Ran convince her?"

Huang Lin was very confused by this!

Cheng Mei said indifferently, "You don't allow Zhang Ran to use a honey trap? Hey, seriously, with Zhang Ran's current youthful appearance, plus his personal charm, if it were me, I would be tempted too."

As she said this, Cheng Mei revealed a lovestruck expression, which immediately made Huang Lin's face turn black.

"Cheng Mei, that's enough! What is so good about that guy? Huh!"

Watching Huang Lin in this state, Cheng Mei could not help but burst into laughter!

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End of Chapter

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